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Fresh2 Group Announces Receipt Of Staff Delisting Determination From Nasdaq; Intends To Request A Hearing

Author: Benzinga Newsdesk | October 17, 2024 03:07pm

Fresh2 Group Ltd. (NASDAQ:FRES) ("Fresh2" or the "Company"), a  B2B e-commerce and supply chain management company within the restaurant and food industry, today announced that on October 16, 2024, it received a Staff Determination Letter from the Nasdaq Stock Market LLC ("Nasdaq")  indicating that the Company did not comply with Nasdaq's filing requirements as set forth in Listing Rule 5250(c)(1). The letter is a result of the Company's failure to file its Form 10-K for the year ended December 31, 2023, and its Forms 10-Q for the periods ended March 31, and June 30, 2024, within the required deadlines.

Nasdaq had previously granted the Company an exception until September 27, 2024, to regain compliance. Nasdaq has determined that the Company has not met the terms of the exception, as the Company has yet to file the necessary reports.

Posted In: FRES

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